25 Chapel Corp.

25 Chapel Place

Great Neck, NY 11021
co-op
applications

property contacts

confirm to continue

questionnaires

Have a questionnaire completed by property management.

documents

additional resources

building policies

general policies

Pets Not Allowed
Smoking Not Allowed
Subletting Not Allowed

additional building information

Max Financing: 80% of purchase price
Strict Owner Occupancy: No Non-Occupant Co-Owners
building & management fees

Fees set by and remitted to building and property management company.

co-op sale

payor fee due upon amount
Buyer Credit Check Fee (Non-Refundable) Submission $95
Buyer Stock Application Fee (Non-Refundable) Submission $950
Seller Application Review fee Submission $200
Buyer (if financing) Recognition/Aztech Agreement Review Fee Closing $400
Buyer Document Preparation Fee Closing $250
Buyer Moving Deposit (Refundable) Closing $500
Buyer Working Capital Fee Closing $3 per share
Seller Closing Fee (Non-Refundable) Closing $800
Seller Legal / Closer Fee Closing $850
Seller Moving Deposit (Refundable) Closing $500
Seller Transfer Fee (Non-Refundable) Closing $5/share
Shareholder Other additional fees may be charged in special circumstances. Contact Richland as necessary Closing (i.e. estate sales, trusts, lost stock and lease, adjournments)
processing

single application initiation fee

One-time fee paid by the person who begins the application.

payor fee due upon amount
Agent /
Attorney
Applicant
Current Resident
Sale/Lease
Sale/Lease
Refinance/Renewal
Alterations
Initiation
Initiation
N/A
$75
$120
Free
Application Participants Any N/A Free

digital submission fee

payor fee due upon amount
New Resident Purchase
Sublet/Lease
Storage Sale
Parking Sale
Submission $65
Current Resident Renewal
Refinance
Transfer
Storage Sale
Parking Sale
Alteration
Submission $45

app admin fee

payor due upon amount
Any Participant Paying Building Fees Submission 5% of Total
(excluding Digital Submission & Initiation Fees)
All property information and documentation provided by property management.
10/31/25
Total Fees: 91